NewEnergyNews: GEOTHERMAL IS ICELAND’S PLAN B/

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
  • Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    Sunday, March 21, 2010

    GEOTHERMAL IS ICELAND’S PLAN B

    There is another possible multilateral approach to the Iceland economic issue. This 'third road' doesn't get the exposure it deserves.
    Gijs B. Graafland, February 24, 2010 (Planck Foundation)

    "…Plan B [to resolve the untenable debt Iceland has incurred to the UK and Holland] is called the 'Energy for Debt' solution. It's about revitalizing…the Icelandic economy [instead of ruining it] by exploring…[Iceland’s] unlimited geothermal energy resources…In Plan B the interests of the debtor and the interests of the creditors will merge into a common interest future plan…

    "Plan B in a nutshell: the 'Energy for Debt' option is about building a solid/sustainable geothermal energy harvesting based economy…Iceland will become Europe's main energy supplier…It's an investment plan that…[is] [g]ood for Iceland, good for the UK, good for Holland…The geothermal energy resources of Iceland are huge…[and] relatively easy to explore…Geothermal energy is not a limited/finite energy reserve (like oil/coal/uranium), but it has an unlimited (never ending) capacity, powered by the earth's core. The main benefit of geothermal is that it can provide a continue base load on power nets…"


    From schreinervideo via YouTube

    "…[International finance must support] Iceland, the UK and Holland by building the energy business case, engineering the geothermal and HVDC technology, engineering the overall finance model, attracting global energy/data players and making the case…For Europe (besides from energy perspectives) the 'Energy For Debt' issue is certainly a better option [than] the current [unwoprkable] repayment text…[E]xtra debt per Icelandic citizen for an economy with not much of an outlook is certainly a heavy weighted issue…

    "…[T]he old debt payment plan is not a working plan…[T]aking care of the energy supply for the UK and Holland is certainly an opportunity…Iceland could supply the UK and Holland all the energy it needed generate in a mix of wind and geothermal. Clean, cheap and with no negative geopolitical consequences that are attached to oil. The geothermal energy generation potential [of] Iceland is larger than our imagination…"


    All Iceland needs is the hook-up and it can earn its own and a part of the rest of the EU's salvation. (click to enlarge)

    "The dutch state owned power infrastructure company Tennet has already done an Iceland/UK/Holland power cable feasibility study. All HVDC cables have build-in fiber cables for datatransport…The recent Eon network in Germany purchase by Tennet is a proof of this strategy. When Desertec (power from the desert) also will be operational, the UK and Holland than will have a head start in international power transmission management…Furthermore: All the datacenters of the world certainly will go 'up north', as cooling requires 'up north' almost no energy…When the cables are redundant Iceland will become beside energy supplier of Europe, also the datacenter location of the world…

    "…[Energy for Debt] changes the focus of the discussion to a mutual cooperation…and give Iceland an economic impulse plus energy independence, plus it gives Iceland, the UK and Holland regional (geopolitical risks free) originated (and clean generated) base load energy, that can't deplete…insuring Europe's wealth if fossil energy prices get higher…Iceland can become the Saudi Arabia of the North by exploring its [geothermal resources]…The finance of the 'Energy for Debt' solution can be done both market and governmental driven by [the Planck Foundation’s] Open Finance Model…"

    0 Comments:

    Post a Comment

    << Home